Sports
Barcelona Raise 1.45 bn Euros For Camp Nou Rebuild
Published
1 year agoon
By
EditorBarcelona said on Monday they had secured 1.45 billion euros ($1.6 billion) in funding for a redevelopment plan and would start the renovation of the Camp Nou stadium on June 1.
The club said in a statement that the money had come from deals with 20 investors who would receive repayment over periods of between five and 24 years. Barcelona said they would start paying back the loans when the work was completed.
In addition to the football stadium the plan, called ‘Espai Barca’, includes spending on other club facilities. It includes 420m euros earmarked for the Palau Blaugrana, home of the club’s basketball and handball teams, and 20m euros for the Johan Cruyff stadium where the men’s reserve and women’s football teams play.
READ ALSO: Four Barcelona Players Against Messi’s Return To Camp Nou Revealed
The club said they expected the work on the Camp Nou to be completed by 2026. The men’s first team will play at the Olympic stadium on Montjuic before returning in the 2024-25 season to a Camp Nou not yet at full capacity.
Barcelona are emulating their main Spanish rivals Real Madrid who began the latest renovation of their Bernabeu Stadium in 2019.
The club is emerging from a financial hole which led to losses of 481 million euros in 2020/21 which led to the departure of the club’s all-time leading scorer Lionel Messi.
READ ALSO: Barcelona Facing Champions League Ban Over Payments To Referee
Last summer the club raised around 750 million euros by selling 25 percent of their La Liga television rights for the next 25 years and 49 percent of its Barca Studios.
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Sports
[BREAKING] PHOTOS: Germany, Denmark Euro 2024 Game Halted Due To Violent Storm
Published
3 days agoon
June 29, 2024By
EditorThe Euro 2024 last-16 tie between Germany and Denmark on Saturday was temporarily halted late in the first half due to a violent storm.
English referee Michael Oliver stopped the match in Dortmund in the 35th minute and took the players off the pitch amid torrential rain, hailstones, high winds, thunder and lightning.
The score was 0-0 at the time of the stoppage at around 9:35 pm (1935 GMT).
READ ALSO: Euro 2024: Roberto Baggio Robbed At Gunpoint
“Due to adverse weather conditions, the game has been suspended. More information to follow,” read a message posted on big screens inside the stadium.
Supporters in exposed seats in the 60,000 crowd were left to seek cover as water poured from the stadium roof.
Fan zones in Dortmund were also closed due to the weather conditions, local police told SID, an AFP subsidiary.
AFP
Sports
Legendary Boxer, Over 500 Young Benin Residents Participate In Olympic Day Run
Published
3 days agoon
June 29, 2024By
Editor…as Obaseki, Alli preach peace, unity
By Joseph Ebi Kanjo
Legendary Boxer, Isaac Ikhuoria(Oly) alongside over 500 young men and women on Saturday, June 29, participated in a 5km road race in Benin, the Edo State capital, to celebrate the 2024 Olympic Day.
INFO DAILY reports that the Olympic Day is an event celebrated globally. This year’s theme is ‘Let’s Move and Celebrate’.
The runners who began the 5km race from the Samuel Ogbemudia at the Sumuel Ogbemudia Stadium, Benin, at about 8:00am were led by the chairman, Oredo Local Council Dr Tom Obaseki, and the Permanent Secretary, Edo State Sports Commission, Dr Igbinosa Emmanuel.
The duo led the runners through Akenzua Road; Plymouth Road, King Square(Ring Road)through Oba Market Road, Zabayor Street and rounded off the exercise at the stadium, where certificates of participation were given to the participants.
READ ALSO: EFCC Arrests 27 Alleged Cyber Criminals In Edo
In his message, President, International Olympic Committee ( IOC), Thomas Bach, encouraged the Olympic community to celebrate the joy that only sports bring.
The message which was delivered by Obaseki, the President expressed optimism that at the Paris Olympics, “the athletes will inspire us with their achievements -they will inspire the world by living our Olympic motto: Faster,Higher-Stronger-Strong together.”
He added: “On Olympic Day, we celebrate the creation of the Olympic Movement by our founder Pierre de Coubertin. This year’s Olympic Day is a special one, taking place just ahead of the Olympic Games Paris 2024.
“With the excitement building, the athletes; the fans, the entire Olympic Community around the world -all of us- we are looking forward to a new era of Olympic Games; younger, more inclusive, more urban and more sustainable.”
Also speaking at the event, the Chairman, Edo Sports Commission, Olympian Yussuf Alli, described the Olympic Day as significant, saying it is a day set aside by the International Olympic Committee, IOC, to celebrate sports men and women and to encourage mass participation in sports.
The Chairman who was represented by Dr Igbinosa Emmanuel, Permanent Secretary of the Commission, added: “Firstly, it is marked all over the world .That is why it is under the umbrella body of the ‘Sports For All’ in IOC.
“So, Nigeria being a full member of the International Olympic Committee is celebrating it. And that is why the IOC wrote to Nigeria and Edo State to participate in the exercise.
“It is happening all over the world and we are happy that we are a part of the celebration.
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“It helps us to create the right awareness for fitness and also to bring people together because the essence of sports is coming together so that we can move forward and celebrate according to this year’s theme’ Move and Celebrate,” Igbinosa emphasized.
Obaseki on his part, highlighted the benefit of Olympic Day and sports as a unifying event that brings people together and promotes peace and health.
“We all understand that Olympic is a unifying event that brings people together, promotes peace, statesmanship and sportsmanship.
“So, wherever we are we should understand that sports bring people together and in the process,we keep ourselves healthy,” he added.
Sports
First 100 Participants To Get Free Branded T-shirts As Obaseki Flags Off 2024 Olympic Day Run In Benin
Published
4 days agoon
June 28, 2024By
EditorFirst hundred participants to arrived the Samuel Ogbemudia Stadium, Benin City, for this year’s Olympic Day Run are to receive free branded T-shirts, Acting Permanent Secretary, Edo State Sports Commission, Dr Igbinosa Emmanuel, has said.
INFO DAILY reports that the Olympic Day is celebrated worldwide every June 23 but this year’s exercise with the theme “Lets Move and Celebrate” will hold on Saturday, June 29 in Benin.
The Permanent Secretary added that participants for the 2024 Olympic Day are expected to gather at the stadium by 7:00 AM and take off immediately.
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Emmanuel added that the Chairman of Oredo Local Government Council, Dr Tom Obaseki will flag off the race at the Samuel Ogbemudia Stadium at 7.30am.
He said the that Obaseki and the Chairman of the Sports Commission will lead the runners through Akenzua Road; Plymouth Road, King Square(Ring Road) through Oba Market Road, Zabayor Street and round off the exercise at the stadium, where certificate of participation will be presented to the participants.
On his part, the Chairman, Edo State Sports Commission Olympian, Yussuf Alli confirmed that Edo State is participating in the 2024 Olympic Day Run during a meeting with the Heads of Departments of the Commission.
He called on all Edo residents to participate in the exercise.
He also directed the coaches and secretaries of all the Sports Associations in Edo State to mobilize their athletes for the global event.
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